Standard & Poor’s Outlook for Bahrain Is Negative
2016-01-21 - 12:43 am
Bahrain Mirror: Standard & Poor's Ratings Services reduced the general sovereign credit ratings of the Middle East and North Africa since the latest report issued six months ago.
Nine of the thirteen governments rated by the agency in the Middle East and North Africa, received a BBB or higher.
Standard & Poor's mentioned that according to the gross domestic product of the sovereign governments, the average rating would be closer to BBB+.
The agency further stated that the outlook for each of Bahrain, Lebanon, Oman and Saudi Arabia is negative,
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